Retail Holding S.A., is a privately held company based in Morocco, and the majority owner and operator of Label’Vie, Morocco’s leading hyper and supermarket chain operating the Franchise Carrefour. Retail Holding is also the owner and operator of international franchises specialized in fast food, leisure and entertainment products, and casual wear, as well as a stakeholder in Compagnie de Distribution de Côte d’Ivoire (CDCI) - the second largest modern food retailer in Ivory Coast. Since its inception in 2005, Retail Holding evolved from a midsized player in the food distribution sector in Morocco, to a powerhouse in retailing for consumables and other fast moving goods in North Africa and beyond.

GROUP ENTITIES:

Retail Holding’s largest subsidiary is Label’Vie SA, the second largest food retailer in Morocco with a market share of circa 30%, operating 63 stores in 20 cities and key urban centers of Morocco and the exclusive franchisee of Carrefour. Label’Vie is listed on the Casablanca Stock Exchange (LABEL VIE) since 2007. It operates a gross leasable area of 155,000 sqm in 20 cities, under three distinct brands (Carrefour Market supermarkets, Carrefour hypermarkets, and Atacadao hypercash stores), in major cities in Morocco including Rabat, Meknes, Casablanca, Fes, Marrakesh and Tangier. Label’Vie also owns Vecteur LV, the group’s real estate platform designed to develop the company’s stores and associated retail outlets. In addition Retail Holding owns and operates a string of international franchises including Burger King, Virgin, and Kiabi, with stores in the key cities of Morocco. In 2014, Retail Holding expanded into West Africa by acquiring a sizeable minority stake in CDCI, the number two food distribution company in Ivory Coast. CDCI operates under four brands: CDCI Gros, CDCI Demi-gros, King Cash and the Leader Price franchise. CDCI has significantly expanded its network from 12 shops in 2002 to 121 in 2017, with a presence in Abidjan and further inland.